# PPP loan: MASS BAY ELECTRICAL CORP
> **$2.26M** approved 05/19/2020 · Paid in Full · Loan `9171147410`
## Borrower
- **Name:** MASS BAY ELECTRICAL CORP
- **Address:** 125 Orleans Street, East Boston, MA, 02128
- **NAICS:** 237130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.26M
- **Initial approval:** $2.26M
- **Forgiven:** $2.29M (102%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.26M
- **Jobs reported:** 112
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*